Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>Breadth is improving.  Speaks for short-term momentum, but fundamentals haven’t yet turned. </li>
<li>It may be too soon to exit, but (soon) too late to board. Short-term momentum, yes, the next economic expansion, certainly not. </li>
<li>The market seems to be underestimating the ‘higher for longer’.</li>
</ul>


Breadth is improving.  Speaks for short-term momentum, but fundamentals haven’t yet turned. 
It may be too soon to exit, but (soon) too late to board. Short-term momentum, yes, the next economic expansion, certainly not. 
The market seems to be underestimating the ‘higher for longer’.


Stock Market Watch: Time to Call off the Recession?